Kalyan Jewellers jumps nearly 8% to reach a new 52-week high; here's why

During the recently concluded quarter, Kalyan Jewellers has expanded its presence by opening 12 new 'Kalyan' showrooms in non-south markets. This is in line with their previously communicated goal of opening a total of 52 new showrooms during the current year.

Kalyan Jewellers shines bright with over 68% gain in a year; Brokerages see another 52% upside; here's why

Centrum Institutional Research maintained its 'buy' rating on the stock with a DCF-based target price of  <span class='webrupee'>₹</span>165 apiece, which hints towards an upside potential of 52.7% from the stock's previous closing price. In the last one year, the stock rallied 68.72%. 

Shares of Kalyan Jewellers drop 11% amid stake sale via block deal

Kalyan Jewellers has a market cap of Rs. 11,186.26 crore and 6 analysts on an average have a 'BUY' call on the stock.

Titan vs Kalyan Jewellers: Which stock will shine brighter in the long term?

With gold outlook bullish as well as consumer demand recovering, jewellery stocks Titan and Kalyan Jewellers will be in focus.

Kalyan Jewellers tumbles 3.5% after sharp rise on strong Q3 results

The fall in shares came after the stock price zoomed 6 percent on Monday on strong Q3 earnings.

This jeweller's stock gained 35% in a month, more than doubled in just six months

Shares of Kalyan Jewellers began their upward journey around Rs. 55.85 apiece in June this year and surged 135.98 percent to hit an all-time high of Rs. 131.8 on December 20.

Kalyan Jewellers surges over 3% on plans of expansion in 2023

During Monday’s trade, the stock opened at a price of Rs. 112 per share against the previous close of Rs. 110.65 per share and grew further to touch an intraday high of Rs. 114.45.

Top Kalyan Jewellers News

markets

Kalyan Jewellers jumps nearly 8% to reach a new 52-week high; here's why

markets

Kalyan Jewellers shines bright with over 68% gain in a year; Brokerages see another 52% upside; here's why

markets

Shares of Kalyan Jewellers drop 11% amid stake sale via block deal

markets

Titan vs Kalyan Jewellers: Which stock will shine brighter in the long term?